CM Yogi welcomes Mudra loan scheme extension till 2031
UP CM Yogi Adityanath welcomed the Union Cabinet's decision to extend the Credit Guarantee Fund for Micro Units under PM Mudra Yojana for five years till March 31, 2031. The extended scheme, with a ₹5,000 crore corpus, aims to facilitate ₹12.6 lakh crore in loans to micro entrepreneurs, with guarantee fees reduced from 1% to 0.75%.